The best travel cards to use overseas: Credit card vs Debit card vs Prepaid vs Smart
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- čas přidán 6. 07. 2024
- 2023 update here: • The best travel cards ...
If you're going abroad for work or a holiday make sure you never use your normal credit or debit card. In most instances, they'll charge you extra every time you spend or take out cash.
Instead you should look at getting a specialist travel card with fee-free transactions and withdrawals. There are a handful available, but how do you decide which is best?
I've gone through the differences between travel credit cards, travel debit cards, prepaid cards and newer smart cards, as well as shared the ones I think are the best of the bunch for the rest of 2020.
#TravelCreditCard #TravelDebitCard #SpendingOnHoliday
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Andy Webb is a money blogger and journalist. He runs the award-winning website Be Clever With Your Cash, presents Channel 5’s Shop Smart Save Money and writes every month for Reader's Digest. Andy also founded the community ukmoneybloggers.com.
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Updated video for 2022 here czcams.com/video/U2JaFSSs4DE/video.html&t
Finally, I found out by I was charged interest on my Clarity CC when used it abroad. Thanks, Andy!
Yes, it's a great card and was the best one for years, but you can get better ones now so you don't get that extra charge
Great video, very useful thanks Andy
I have seen a lot of this video, and they are great.
However, no one has ever mentioned Metro BAnk product. Both credit and debit card are great to spend money and take cash within Europe. No fee for both!
I used in the past Barclays rewards to make purchases abroad and is true that there is no fee, however, they add a small loan on top of the purchase since is not a British pounds transaction.
So if you stay in Europe, Metro credit and debit cards are great!
Obviously we won't be going away right now as much as we normally would (if at all) but it's worth getting a card ready for when you do go!
Managed to get to spain beginning of july so happy . Andy ive subscribed great channel
absolutely love monzo for europe, i remember leaving the card in the machine in indonesia... went missing and able to turn it off instantly. Also not getting ripped off on FX and having to carry cash with mastercard is a massive plus. Fellow UK channel here - wow you have a lot going on!
Glad to see more UK finance channels. Come join us in our UK Money Bloggers community over on Facebook!
@@BeCleverWithYourCash yes i will need to, havent used facebook in a while :-/
7:43 Never say never!
Great thanks please can you do a video on the new debit Mastercards, how they effect us pros and cons. If we can pay normal debit bills and credit cards what restrictions these new card cause? Thanks again
Hey Andy, do you know of any prepaid Mastercard's that I can load with any currency?
Hello l will be going to mauritius On holiday I was wondering on what card I should get so I can spend my money that I currently am living in the UK and have a Visa credit card
Andy, I need your help. I’m going to Pakistan and I have a Monzo card. If a Loaf of bread costs 239 rupees (£1) and if I pay on my Monzo account, will it only take out 239 rupees (£1)..nothing more than that?
Because when I went to Dubai I used my hsbc card and I got charged loads more
Sorry I'm really confused I wish you make the conclusion and tell us what is the best one
Should I use monzo card on my travels to Turkey?
Trying out the virtual prepaid Mastercard card that comes with the Stocard app at the moment. It claims to have no fees when using abroad and uses interbank rate the whole week, no weekend charges. If you don't want to go through the hassle of topping it up you can set up auto top-up as well. The downside is that it is a virtual card only so can only be used to pay in stores with Apple Pay, will see if that works out once can travel again.
I downloaded that ages ago (and got a card) but never got around to writing it up! Will look again to see if it's worth sharing vs other options. Thanks!
@@BeCleverWithYourCash Been using it and, tbh, the app itself is very limited in terms of info, options and analytics. But it does seem to use the mid-market exchange rate all week so will probably keep using it as my travel card wherever I can use Apple Pay. Cheers and keep up the good work.
Any chance on an updated version of this for this year?Thanks..
Here you go czcams.com/video/U2JaFSSs4DE/video.html
Annoyingly CZcams still shows the old video at the top of the results
@Andy, have you heard of Currensea?
I've just ordered my card. Perhaps you could do a review. I plan to travel later in the year, fingers crossed. Better rates than some exisiting travel cards.
Strange thing is the card charges you if you use it in the UK. It's meant for travel only.
Hi, yes I've had some press releases from them. I'll certainly look at it again but probably when travel is easier for everyone!
Maybe a silly question but with the credit cards can use these cards from within the UK to buy things online like a gift for a friend who lives overseas, from an online shop in the local currency or... something cheeky like to buy a flight from a foreign airline in local currency to get a better price?
Yes you should be able to do that. I’ve done it before, though you never quite know whether the overseas website requires a local address
Hi. I’m going to Thailand in a few months but I need to know how to change the money in my Monzo account into Thai baht, how do I do that
You don't need to - you just spend as normal with your card (choose the local currency not pounds if given the options) or use it to take money out of a cash machine.
Great video andy can I ask if I draw out money in spain do you think I will be charged by the atm holders please and will I be charged extra shopping in aldi lidl consum supermercados .Never used a card abroad
Some ATM machines will charge you - it really depends on the country and the bank! You could check a few different ones to see if there is a charge or not. Re Supermarkets - if you use one of these travel debit or credit cards you won't be charged any fees (just pay in the local currency rather than convert it to ££)
@@BeCleverWithYourCash Thanks andy I dont know much about debit cards but the starling card seems great .
When paying in a different currency, will you get to decide if you want to pay in GPB or in the local currency of the country you're in?
Always choose to pay in the local currency. If you change to GBP at the shop or restaurant etc they'll convert it at their rate.
@@BeCleverWithYourCash thanks! Would just a standard ‘personal current account’ card from starling be the right one to go for, or is it their euro account?
Andy thanks for the great video I have a starling account .I have also a spanish bank account I wondered if it was possible to pay my spanish direct debits electricity bills through my starling account as getting billed 47.50 maintenance fee bank inter where starling I belive is free cheers steve
Hi, you can only have euro direct debits from Starling’s Euro account - but that’s going to start charging interest on any money in there, so probably not a good option help.starlingbank.com/hc/en-us/articles/360008339259-Can-I-set-up-a-Standing-Order-or-Direct-Debit-in-EUR-from-my-GBP-account-
@@BeCleverWithYourCash thanks andy
doesnt one have too phone HMRC and let them know you have a prepaid card before travel hm custom officers ask for proof where the money come from
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